The Good and Bad Reasons Corporate Cash Is Trapped Overseas

Idea posted: November 2014

Institutions: The Wharton School of the University of Pennsylvania    University of Oregon Charles Lundquist College of Business    Tuck School of Business   

Authors:

When overseas earnings by U.S. multinationals are brought back to the U.S., those earnings are taxed as income. However, multinational companies have the option of leaving those earnings abroad and…

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